8GC.F - Glencore plc
| Previous close | 4.7850 |
| Open | 4.7605 |
| Bid | 4.8825 x 2000000 |
| Ask | 4.9065 x 2000000 |
| Day's range | 4.7605 - 4.9505 |
| 52-week range | 4.6080 - 6.6550 |
| Volume | |
| Avg. volume | 70,629 |
| Market cap | 61.307B |
| Beta (5Y monthly) | 1.26 |
| PE ratio (TTM) | 3.90 |
| EPS (TTM) | 1.2600 |
| Earnings date | N/A |
| Forward dividend & yield | 0.41 (8.60%) |
| Ex-dividend date | 31 Aug 2023 |
| 1y target est | N/A |
- Financial Times
Glencore shareholders push back against climate strategy
The vote against the company’s 2022 climate report reaches 30%, triggering a consultation process under UK law
BloombergBunge-Viterra Deal Would Create $25 Billion Rival to Cargill
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BloombergGlencore’s Viterra in Merger Talks With US Grain Rival Bunge
(Bloomberg) -- Glencore Plc-backed agriculture trader Viterra is in talks to merge with US rival Bunge Ltd., one of the world’s largest crop merchants, according to people with knowledge of the matter. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire IvanishviliJPMorgan Tells 1,000 First
- Financial Times
Spotlight turns to coal at Glencore as pressure mounts on climate plans
Glencore is braced for a heated debate over its highly profitable coal-mining business when it meets shareholders this week as the group comes under pressure to tackle climate change. A growing number of shareholders support a resolution asking the company to explain how its thermal coal production — the largest of any company outside China and India — is compatible with its climate goals. Legal & General Investment Management, Allianz, Scottish Widows, Man Group and HSBC Asset Management have all backed the measure in recent days, as have proxy advisers Glass Lewis and Institutional Shareholder Services.
BloombergGlencore and Teck Take Fight to Barcelona With Investor Pitches
(Bloomberg) -- The chief executive officers of Glencore Plc and Teck Resources Ltd. took their battle for the future of the Canadian miner to Barcelona, offering competing pitches to investors.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Financial HubSingapore Airlines Posts Highest Profit in 76-Year HistoryUS 30-Year
Simply Wall St.Institutions own 37% of Glencore plc (LON:GLEN) shares but individual investors control 45% of the company
Key Insights The considerable ownership by individual investors in Glencore indicates that they collectively have a...
BloombergMining Boss Lassonde Says He Still Hopes to Buy Teck Coal Assets
(Bloomberg) -- Canadian mining executive Pierre Lassonde says he’s still interested in acquiring Teck Resources Ltd.’s coal assets, and is waiting on the company to decide what it does next following an abortive attempt to spin off the business.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionItaly Intends to Exit China Belt and Road
BloombergGlencore Plans to Build Europe’s Biggest Battery Recycling Plant
(Bloomberg) -- Glencore Plc is joining with Li-Cycle Holdings Corp. to build a European battery recycling plant, a key link in the supply chain for metals at the heart of the green-energy transition. Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionGoldman to Pay $215 Million to End Case on Underpaying WomenItaly Intends to Exit China Belt and Road Pact as Relations SourWorld’s Biggest Pulp Producer Considers Trading With China in YuanStocks Bogged Down by US
Business WireLi-Cycle and Glencore Announce Plans for a Significant European Recycling Hub
TORONTO, May 09, 2023--Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the "Company"), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and Glencore International AG, a wholly-owned subsidiary of Glencore plc (LON: GLEN) ("Glencore"), a leading producer, recycler, and marketer of nickel and cobalt for the production of lithium-ion batteries, have signed a Letter of Intent to jointly study the feasibility of, and later,
Motley FoolWhy Teck Resources Stock Rocketed 27.5% in April
Shares of Teck Resources (NYSE: TECK) surged 27.5% in April, according to data provided by S&P Global Market Intelligence. The catalyst was mining and commodities trading giant Glencore's (OTC: GLNCY) offer to acquire Teck Resources and de-merge its combined coal businesses. In February, Teck Resources unveiled to shareholders its plan to spin off its steelmaking coal business.
BloombergBarrick CEO Says He Has ‘No Intention’ of Pursuing Teck Deal
(Bloomberg) -- Barrick Gold Corp.’s top executive is closely watching the takeover battle for Teck Resources Ltd. but has no plans to pursue the Canadian base metals producer, which has drawn a $23 billion offer from Glencore Plc.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinNigeria Targeted a UK Mansion; Its Next Leader’s Son Now Owns ItCarl Icahn’s Wealth Plunges $10 Billion on Hindenburg Short-Seller ReportUS Looks Past India’s Rights Record as China Worrie
BloombergTrudeau Says Deal for Teck Would Face Tough Review
Teck Resources Ltd. is a "great company" that's important to Canada's economy, and any takeover bid for the miner will have to get through a "rigorous process" to win government approval, Canadian Prime Minister Justin Trudeau said. Teck has been trying to fend off an approach from Glencore Plc. Trudeau spoke to Bloomberg's David Westin on April 28 in New York. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
- Simply Wall St.
Should You Buy Glencore plc (LON:GLEN) For Its Upcoming Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
BloombergGlencore Deal for Teck Would Face Stringent Review, Trudeau Says
(Bloomberg) -- Teck Resources Ltd. is a “great company” that’s important to Canada’s economy, and any takeover bid for the miner will have to get through a “rigorous process” to win government approval, Canadian Prime Minister Justin Trudeau said. Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving BitcoinTesla Drops Model Y S
Yahoo Finance UKFTSE 100: Glencore stock up after Teck cancels key shareholder vote
Investors had been waiting for the outcome of a key vote by Teck Resources shareholders which would impact Glencore's pursuit of the company.
- Investing.com
Teck Resources scraps shareholder vote on separating miner into two companies
Investing.com -- U.S.-listed shares in Teck Resources (NYSE:TECK) surged on Wednesday after the Canadian miner announced that it would not be seeking shareholder approval to split the group into two separate businesses.
- Oilprice.com
Teck Shareholders Divided Over Glencore’s Bid Due To Coal Concerns
Glencore's ambitious takeover bid for Teck faces division among investors over coal concerns and a challenge from Teck's own spin-off plans.
- Simply Wall St.
Glencore plc (LON:GLEN) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Glencore's (LON:GLEN) recent performance, when its stock has declined 13...
- Investing.com
6 big deal reports: Pioneer stock soars on Exxon buyout whispers | Pro Recap
Here is your daily Pro Recap of the biggest head-turning deal dispatches you may have missed this week: reports of Exxon's buyout talks with Pioneer, plus Emerson's agreement to take out National Instruments, Teck Resources' rejection of Glencore's overtures, and more. Pioneer Natural Resources (NYSE:PXD) shares rose more than 5% on Monday following the Wall Street Journal's report that the company held “preliminary talks” with Exxon Mobil (NYSE:XOM) about a possible acquisition.
- Oilprice.com
Glencore’s Latest Takeover Bid Rebuffed By Teck Resources
Copper miner Teck Resources has rejected Glencore's sweetened bid and made changes to its own restructuring plan to allow for an earlier full separation of its metals and coal divisions.
ZacksTeck (TECK) Produces First Copper at QB2, Rejects Glencore Offer
Teck's (TECK) shares are up since it announced the production of the first bulk of copper at its QB2 Project.
Yahoo Finance UKTrending tickers: Glencore | Haleon | Abrdn | Weir Group
The latest investor updates on stocks that are trending on Tuesday.
Motley FoolWhy Teck Resources Stock Leaped 20% Higher Today
The market loved that reaction, as it collectively sent Teck's share price almost 20% higher on the day. The proposal came from Teck's global peer Glencore (OTC: GLNCY), which offered to acquire the Canadian company and split its operations into two separate businesses. Glencore's all-stock bid is for 7.78 of its shares for each Teck Class B share (a nonvoting class), and 12.73 Glencore shares per Teck common share.
The TelegraphGlencore launches $22bn copper raid as battle for battery resources explodes
Glencore has launched a $22bn (£17bn) bid for a rival copper miner amid a growing battle for control of the world’s battery metals resources.